HRM
Research Paper
E-ISSN No : 2454-9916 | Volume : 2 | Issue : 10 | Oct 2016
A STUDY ON EMPLOYEE SATISFACTION TOWARDS THEIR JOB WITH REFERENCE TO RANE BRAKE LINING LTD, PUDUCHERRY Dr. ANANDARAJ. P Principal, Perarignar Anna Science College. ABSTRACT This survey based descriptive research work has been undertaken with the objectives of analysing the employee satisfaction towards their job with reference to Rane Brake Lining Ltd., The study has adopted selective sampling technique and sampled 50 employees from the Pondicherry Private Ltd., Puducherry, Pondicherry state, India. Primary data have been collected by a constructed questionnaire along with personal interview. Percentage method has been used to analyse profile of the respondents. Chi-Square test has been used to compare the freedom of conveying problems to top-level and considerations for employee creativity. Correlation analysis has been employed to associate the Respondent understanding about job and decrease in the dissatisfaction. Weighted average method has been used to give more weightage to the organization and the employees. ANOVA test has been used to test the difference between years of experience in the company and decrease in dissatisfaction level. The research has found half of the employees are satisfied with their nature of job and with their working conditions. So the company can attain a further improvement level for the rest if it guides its employees (e.g. increasing salary, improving working environment, reducing work pressure and frustration, providing innovative technologies to decrease their attrition level, conducting regular meetings, etc.,). The study has given suitable suggestions to control dissatisfaction among the employees. KEYWORDS: Employees, Companies Attrition, Dissatisfaction, Working Performance, Working condition, Frustration and Pondicherry city. PRELUDE Attrition is a serious issue in the industries because the industry is knowledgebased and hence employees are its “assets”. Deficiencies like inability to influence employee perception of growth; not aligning employees to roles based on their individual talent, inflexibility in leadership styles, are causing conflicts at a very intrinsic level, resulting in knowledge employees choosing the proverbial “easy way out”. Attrition occurs due to ineffective managers and management, employee’s ineffective compatibility with supervisors, inadequate working environment and conditions, lack of pay for performance, etc. SOLUTION FOR ATTRITION Whenever a well-trained and well-adapted employee leaves any organization, it creates a vacuum. The organization loses key skills, knowledge and business relationships. It is not easy task to find a sustainable substitute. Employees resign job for many different reasons. Sometimes it is the attraction of a new job of the prospect of a period outside the workforce which ‘pulls’ them; in other occasions they are ‘pushed’ due to dissatisfaction in their present jobs to seek alternative employment. If a company strives to retain an employee in the same way or tries to retain a customer, leaving the organization could be out of question. In view of these effects, the present study is undertaken in the study area with a view of analyzing the employee satisfaction towards their job. STATEMENT OF THE PROBLEM Satisfaction towards their job and Retention of employees for a prolonged period is important and inevitable one for the company for smooth work flow. It is also important for employees to work for a particular period in company in order to improve their knowledge, soft skills and thereby improve their career development. The frequent turnover of employees will affect the company in a number of ways. Leaving employees want more meaning in their work. They often indicate that they want to use their qualities and skills in challenging teamwork led by capable leaders. A range of reasons are selection of the wrong job, lack of proper orientation, creates frustration, lack of future scope, lack of promotion opportunity, poor perception with boss, high expectation of the employee, travel hazard prefer close to home, etc. Hence, the present study is undertaken with the objectives of analysing employee satisfaction towards their job and offering suitable suggestions to control and prevent turnover of employees. SCOPE OF THE STUDY The study has focused Pondicherry city only. The study has focused employees in the company working in Rane Brake Lining Ltd., in Pondicherry city. The study has analysed the employee satisfaction towards their job with reference to Rane Brake Lining Ltd., SIGNIFICANCE OF THE STUDY The study has given suitable suggestions to control dissatisfaction and to enhance improvement level of the employees. They will be suitable for the companies to take necessary steps to find the weak factors which produce dissatisfaction of employees and take suitable remedial steps. The findings of the study can be used as secondary data for future research scholars.
PROFILE OF THE STUDY AREA This study has been done in Pondicherry city. The City of Puducherry on the southeast coast of India does not have a vishva history from antiquity. Puducherry has history recorded only after the advent of the colonial powers such as the Dutch, Portuguese, English and the French. Nearby places such as Arikamedu, Ariyankuppam, Kakayanthoppe, Villianur, and Bahur, which were annexed by the French East India Company over a period of time and became the Union Territory of Puducherry after Independence, have written histories that predate the colonial era. The Union Territory of Pondicherry was under the French rule for 138 years till 1st November 1954.The geographical area of Pondicherry is 293 sq kms. Thus, out of the territory’s total area, Pondicherry occupies 59.6 per cent. In 2011, Puducherry had population of 950,289 of which male and female were 468,258 and 482,031 respectively. RESEARCH OBJECTIVES The following objectives have been framed to guide the research Ÿ
To know the satisfactory level of employees towards their job and working conditions.
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To identify the factors which make employees dissatisfy.
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To find the areas where company lagging behind.
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To know the reasons, why attrition occurs.
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To find the ways to reduce the attrition in the company.
REVIEW OF RELATED LITERATURE ATTRITION “A reduction in the number of employees through retirement, resignation or death” is called Attrition. It is also known as employee churn, employee turnover, or employee defection, is an industrial term used to describe loss of employees or man power. Attrition is pretty high in the industry these days. Attrition is a universal phenomenon and no industry is devoid of it, but the degree fluctuates from industry to industry. Attrition is a serious issue in the industries because the industry is knowledge-based and hence employees are its “assets”. Deficiencies like inability to influence employee perception of growth; not aligning employees to roles based on their individual talent, inflexibility in leadership styles, are causing conflicts at a very intrinsic level, resulting in knowledge employees choosing the proverbial “easy way out”. STUDIES RELATED TO ATTRITION BEENA HANDA, vice-president, HRM of Claris Life sciences. “Attrition also happens when people hate their working conditions, do not like their team-mates or perhaps do not like what they wish to migrate. For example, girls often leave their jobs when they get married and shift to another city”. Beyond a point, an employee’s primary need has less to do with money, and more to do with how he’s treated and how valued he feels. Much of this depends directly on the immediate manager. And yet, bad bosses seem to happen to good people everywhere. A fortune magazine survey some years ago found that nearly 75 per cent of employees have suffered at the hands of difficult superiors.
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International Education & Research Journal [IERJ]
69